Wrong. He has been mostly correct.
Without him Russia collusion would never have been debunked!
If Trump forms a new political party, it needs to be inclusive enough to siphon off most of the middle of the road (and the very few remaining conservative) Democrats. Only taking from the conservative wing of the Republican party will split the vote and create a new Ross Perot situation, where neither the Republicans or the new party can win hardly anything.
The focus has to be about attracting historically Democrat voters who are sick of the vice, corruption, and socialism that has taken over their beloved party - the party of their parents and grandparents (and further back, one would assume).
If the Democrat voter rolls start shrinking in a HUGE way, then a new party would actually have a chance to make a difference. Otherwise, it would be an exercise in futility.
To that end, Trump's proposed media entries would have to take a balanced approach - not fair and balanced like Fux News tried (we don't need opposite viewpoints talking over each other like the migraine inducing Hannity and Colmes of old) - we need a reasoned and actually unifying middle ground where people of all backgrounds can meet and agree, at least in principle.